EXEC: Yeti Ups FY GM and Profit Guide; C-Suite Talk Drag from U.S. Drinkware Challenges
EXEC: July Manufacturing Index Indicates Contraction in U.S. for Fifth Straight Month
EXEC: Columbia Sportswear Delivers Dismal Outlook on Columbia Brand Struggles in U.S.
EXEC: Safilo Sees Smith Optics Post Strong H1 Core Channels Growth
Brunswick Corp. Ekes Out Revenue Bump Despite Continued Boat Group Weakness
SGB Update
Report: Female Consumers Slowing Discretionary Spend Faster Than Men
During the first half of 2025, year-over-year demand for discretionary products by female consumers remained flat, in contrast to a 3 percent increase in unit sales by men, according to Circana. Discretionary spending by women grew 1 percent on a dollar basis, while spending by men rose 2 percent.
Pitman Creek Wholesale Expands Key Accounts Team
The independently owned fishing tackle distributor based in Sanford, KY, hired Julia Peterson and Brenda Mock as it expands its key accounts team.
Report: Understanding Consumer Purchasing Behavior Retains Loyalty, Even in Uncertain Times
With shifting consumer perceptions of inflation, debt and pricing pressure, the report from Resonate emphasizes that brands can no longer rely solely on “holiday intuition” or historical campaign performance to connect with consumers during times of economic uncertainty.
Lazydays Sales Tumble On Dealership Divestitures
The RV dealer reported a 44.2 percent revenue decline in the second quarter after selling several RV dealerships to improve profitability. The net loss narrowed to $24.6 million, down from $44.2 million in the same period in 2024.
Massimo Motor Expands Sales Network into Oregon and Arkansas
The expansion will add over 100 new big-box retail locations to the company’s footprint, with products available in these new markets in early September. This expansion follows enhancements the company made to its global sourcing and logistics model.
SGB Executive
EXEC: Yue Yuen Sees H1 Growth in Athletic & Outdoor FW Slow as Casual & Sandals Jump
Yue Yuen said it remains committed to its mid- to long-term capacity allocation strategy. This includes diversifying its manufacturing capacity into regions such as Indonesia and India where labor supply and infrastructure are supportive of sustainable growth
EXEC: Yeti Ups FY GM and Profit Guide; C-Suite Talk Drag from U.S. Drinkware Challenges
Yeti now expects Adjusted earnings per diluted share of between $2.34 and $2.48 [for the year] as compared to $1.96 to $2.02 in the company’s prior outlook. Full year sales to be flat to up 2 percent, compared to fiscal 2024 Adjusted net sales, due to weakness in the U.S. Drinkware business.
EXEC: Canada’s SportChek Sees Q2 Comps Climb 4 Percent
Canadian Tire reported its SportChek segment delivered its fourth consecutive quarter of comparable sales growth, up 3.9 percent, driven by sales of sandals and athletic footwear as well as hardgoods categories, such as golf. Hockey, and other team sports, as well as athletic clothing also contributed to the gains.
EXEC: July Manufacturing Index Indicates Contraction in U.S. for Fifth Straight Month
Economic activity in the manufacturing sector contracted in July for the fifth consecutive month, following a two-month expansion preceded by 26 straight months of contraction, based on ISM’s survey of the country’s supply executives.
EXEC: SFIA’s President & CEO Todd Smith Discusses the Power of Sports and Fitness
Todd Smith, president and CEO of the Sports & Fitness Industry Association (SFIA) since last October, talked with SGB Executive about how it is evolving to meet its mission to promote sports and fitness participation and industry growth, its new initiatives and the Trump administration’s decision to bring back the Presidential Fitness Test.
